Eleanor L Litka Charitable Trust Nect
EIN: 736189930 · Tulsa, OK
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $52K |
| Net Assets | $641K |
Is Eleanor L Litka Charitable Trust Nect Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eleanor L Litka Charitable Trust Nect
Eleanor L Litka Charitable Trust Nect (EIN: 736189930) is a nonprofit organization based in Tulsa, OK. The organization reported total revenue of $128K and total assets of $637K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eleanor L Litka Charitable Trust Nect's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eleanor L Litka Charitable Trust Nect is a small nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $52K |
| Surplus / Deficit | $-11,907 |
| Total Assets | $641K |
| Total Liabilities | $1 |
| Net Assets | $641K |
| Operating Margin | -29.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.7 months |
Financial Health Grade: B
In 2023, Eleanor L Litka Charitable Trust Nect reported a deficit of $12K with expenses exceeding revenue, holds 146.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Eleanor L Litka Charitable Trust Nect's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.9% | -13.7% | -0.3% |
| 2022 | -64.7% | +7.7% | -6.3% |
| 2021 | +27.1% | -6.6% | +1.7% |
| 2020 | -33.9% | +7.4% | -1.3% |
| 2019 | +63.5% | +1.9% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eleanor L Litka Charitable Trust Nect has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eleanor L Litka Charitable Trust Nect with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Eleanor L Litka Charitable Trust Nect
Is Eleanor L Litka Charitable Trust Nect a legitimate charity?
Eleanor L Litka Charitable Trust Nect (EIN: 736189930) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $128K. No red flags identified. Financial health grade: B.
How does Eleanor L Litka Charitable Trust Nect spend its money?
Eleanor L Litka Charitable Trust Nect reported $128K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eleanor L Litka Charitable Trust Nect tax-deductible?
Eleanor L Litka Charitable Trust Nect is registered as a tax-exempt nonprofit (EIN: 736189930). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eleanor L Litka Charitable Trust Nect located?
Eleanor L Litka Charitable Trust Nect is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 736189930.
How many years of IRS 990 filings does Eleanor L Litka Charitable Trust Nect have?
Eleanor L Litka Charitable Trust Nect has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $128K in total revenue.
Filing History
IRS 990 filing history for Eleanor L Litka Charitable Trust Nect showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Eleanor L Litka Charitable Trust Nect's revenue has declined by 30.6%, moving from $58K to $40K. Total assets increased by 6.2% over the same period, from $603K to $641K. Total functional expenses rose by 19.4%, from $44K to $52K. In its most recent filing year (2023), Eleanor L Litka Charitable Trust Nect reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $641K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $641K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $52K | $641K | $1 | — | — |
| 2022 | $25K | $61K | $642K | $1 | — | View 990 |
| 2021 | $70K | $56K | $686K | $1 | — | — |
| 2020 | $55K | $60K | $674K | $1 | — | — |
| 2019 | $84K | $56K | $683K | $0 | — | View 990 |
| 2015 | $51K | $55K | $663K | $0 | — | View 990 |
| 2014 | $76K | $52K | $667K | $0 | — | View 990 |
| 2013 | $58K | $50K | $643K | $0 | — | View 990 |
| 2012 | $45K | $11K | $636K | $0 | — | View 990 |
| 2011 | $58K | $44K | $603K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $52K, and assets of $641K (revenue +62.9% year-over-year).
- 2022: Revenue of $25K, expenses of $61K, and assets of $642K (revenue -64.7% year-over-year).
- 2021: Revenue of $70K, expenses of $56K, and assets of $686K (revenue +27.1% year-over-year).
- 2020: Revenue of $55K, expenses of $60K, and assets of $674K (revenue -33.9% year-over-year).
- 2019: Revenue of $84K, expenses of $56K, and assets of $683K (revenue +63.5% year-over-year).
- 2015: Revenue of $51K, expenses of $55K, and assets of $663K (revenue -32.7% year-over-year).
- 2014: Revenue of $76K, expenses of $52K, and assets of $667K (revenue +31.9% year-over-year).
- 2013: Revenue of $58K, expenses of $50K, and assets of $643K (revenue +27.6% year-over-year).
- 2012: Revenue of $45K, expenses of $11K, and assets of $636K (revenue -22.4% year-over-year).
- 2011: Revenue of $58K, expenses of $44K, and assets of $603K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eleanor L Litka Charitable Trust Nect:
Data Sources and Methodology
This transparency report for Eleanor L Litka Charitable Trust Nect is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.